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Payroll Gains Improve as U.S. Unemployment Rate Drops: Economy

Payroll gains in the U.S. improved last month, while an increase in the number of Americans leaving the workforce helped push the jobless rate down to 8.6 percent, the lowest level since March 2009.

Employment climbed by 120,000 workers in November, with more than half the hiring coming from retailers and temporary help agencies, after a 100,000 gain the prior month, Labor Department figures showed yesterday in Washington. Revisions to prior figures added a total of 72,000 jobs to payrolls in September and October.